signal strength 1 of 5

According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 93.10/92.93 whereas the lower border goes across 92.76/92.93. The pattern width is measured on the chart at 34 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 92.93 is broken, the price could continue its move toward 93.08.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on AUDCHF M5. Characteristics: the upper boundary 0.5244; the lower boundary 0.5238; the width of the pattern is 7 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, #GOOG formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 173.25, the lower border is 170.61. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on #EBAY M15. It has the following characteristics: resistance level 75.51/74.53; support level 74.32/74.04; the width is 119 points. In the event
The M5 and M15 time frames may have more false entry points.
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